KKR & Co. Inc. reports developments across its global investment business, including alternative asset management, capital markets activity and insurance solutions. Company news commonly covers operating results, fund and strategy activity, portfolio investments, co-investment vehicles, debt financing, and capital-structure updates.
KKR sponsors investment funds in private equity, credit and real assets, works with strategic partners that manage hedge fund platforms, and operates insurance subsidiaries that offer retirement, life and reinsurance products through Global Atlantic Financial Group. Recent company updates also reflect activity in technology growth, sports, sustainable infrastructure and insurance-related platforms.
Henry Schein (NASDAQ: HSIC) has completed a significant $250 million strategic investment from KKR, resulting in KKR holding approximately 12% of Henry Schein's common shares. Following this transaction, two key appointments have been made to Henry Schein's Board of Directors: William K. "Dan" Daniel, KKR's Executive Advisor and former Danaher Corporation Executive VP, and Max Lin, KKR Partner and leader of the firm's Health Care industry team in the Americas.
Lin, appointed on May 2, 2025, will serve as Vice Chair of the Nominating and Governance Committee, while Daniel will join the Compensation Committee. Both executives will also serve on the Strategic Advisory Committee, bringing their extensive healthcare and operational expertise to support Henry Schein's BOLD+1 strategy.
KKR (NYSE: KKR), a leading global investment firm, announced that Co-CEO Scott C. Nuttall will present at the Bernstein 41st Annual Strategic Decisions Conference 2025 on Wednesday, May 28, 2025, at 1:30 PM ET. The presentation will be accessible via live webcast on KKR's Investor Center website, with a replay available afterward.
KKR specializes in alternative asset management, capital markets, and insurance solutions through its subsidiary Global Atlantic Financial Group. The firm manages investment funds focused on private equity, credit, real assets, and hedge funds through strategic partnerships.
Net investment income increased to $0.67 per share from $0.61 in Q4 2024, while adjusted net investment income slightly decreased to $0.65 per share from $0.66. Net asset value declined to $23.37 per share from $23.64.
The company's portfolio reached $14.1 billion in fair value, with 63.3% invested in senior secured securities. Total purchases were $1,998 million versus $1,407 million in sales and repayments. The weighted average yield on accruing debt investments was 11.0%, down from 11.3% in Q4 2024.
FSK maintained its quarterly distribution structure with a $0.64 base and $0.06 supplemental distribution. The net debt to equity ratio increased to 114% from 104%, with investments on non-accrual status representing 2.1% of the portfolio at fair value.
Global Atlantic Financial Group has announced a significant expansion of its Bermuda operations with a new office at Washington House in Hamilton. The state-of-the-art facility more than triples the company's previous footprint to over 15,000 square feet. The expansion reflects substantial growth in the company's local presence, with employee headcount doubling over the past 2.5 years and increasing by 30% in the last 18 months to nearly 60 employees. Global Atlantic currently manages approximately $190 billion of insurance liabilities, with the majority based in Bermuda. The company also launched the Global Atlantic Re foundation in May 2023 to support local non-profit organizations focusing on economic development, education, and environmental sustainability initiatives.
Axel Springer has implemented a major corporate restructuring, transforming into a family-owned transatlantic media company. The reorganization, announced in September 2024, took effect April 29, 2025.
Key changes include:
- KKR and CPP Investments are divesting their Axel Springer shares but becoming majority shareholders of the classifieds businesses
- The company becomes debt-free and family-owned for the first time since 1985
- Friede Springer and Mathias Döpfner now hold 95% of shares
- The StepStone Group and AVIV will operate as independent joint ventures
- Axel Springer retains 10% minority stake in both classifieds companies
Leadership changes include Julian Deutz's appointment as CEO of AS Classifieds GmbH, effective June 1, 2025. Jan Bayer will transition from Deputy CEO to Supervisory Board member and Executive Chairman US, starting August 1, 2025.
Capital Group and KKR have launched their first joint venture with two interval funds focused on credit strategies: Capital Group KKR Core Plus+ and Capital Group KKR Multi-Sector+. These innovative funds blend public and private market investments, targeting a 60% allocation to public fixed income and 40% to private credit.
Key features include:
- Quarterly repurchase offers up to 10% of shares at NAV
- Competitive expense ratios (84-89 basis points)
- Low investment minimum of $1,000 for all share classes
The partnership plans to expand with two equity-focused strategies in 2026 and is developing solutions for model portfolios and target date funds. Both firms are committed to educational initiatives, providing resources for financial advisors and individual investors. Capital Group manages $2.8 trillion in assets, while KKR manages $600 billion across various sectors.
S&P Global (SPGI) and CME Group have announced the sale of their joint venture OSTTRA to KKR for $3.1 billion. The enterprise value will be split equally between both companies, as per their 50/50 ownership structure.
OSTTRA, established in 2021, provides post-trade solutions for the global OTC market across interest rates, FX, credit, and equity asset classes. The current management team, led by co-CEOs Guy Rowcliffe and John Stewart, will remain in their positions.
KKR plans to implement a broad-based equity ownership program for OSTTRA's 1,500 employees and will focus on increasing investments in technology and innovation. The transaction is expected to close in the second half of 2025, subject to regulatory approvals and customary closing conditions.
S&P Global and CME Group have announced the sale of OSTTRA to KKR for $3.1 billion. The transaction, expected to close in the second half of 2025, will split proceeds evenly between S&P Global and CME Group from their 50/50 joint venture.
OSTTRA, established in 2021, provides post-trade solutions for the global OTC market across interest rates, FX, credit, and equity asset classes. The current management team, led by co-CEOs Guy Rowcliffe and John Stewart, will remain in their positions.
KKR plans to implement a broad-based equity ownership program for OSTTRA's 1,500 employees and will focus on increasing investments in technology and innovation. The deal aims to enhance OSTTRA's market-leading post-trade solutions, drive innovation, and expand its global footprint.
KKR, a global investment firm, announced a significant expansion in the Middle East with two key appointments. General David Petraeus has been named Chairman of KKR Middle East, while Julian Barratt-Due will lead a new dedicated investment team in the region.
The expansion builds on KKR's 16-year presence in the Middle East, including local offices since 2009 and direct capital deployment since 2019. The firm has strengthened its Global Client Solutions team with Directors Patricia Bandeira Vieira and Michael de Freitas relocating to the region.
KKR's previous regional investments include partnerships with Gulf Data Hub, a major data center platform, and ADNOC Oil Pipelines in 2019. The firm also acquired a commercial aircraft portfolio from Etihad Airways in 2020 through Altitude Aircraft Leasing platform.